In the long run ________. (A. was marked as incorrect) a. the Phillips curve is vertical at
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Question:
In the long run ________. (A. was marked as incorrect)
a. the Phillips curve is vertical at a given level of expected inflation
b. the economy reaches the potential output level consistent with the natural rate of unemployment
c. the aggregate supply is vertical with respect to unemployment
d. all of the above
e. none of the above
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